Howard, Wisconsin Entrepreneur Gets a Business Loan
Bank loans in Wisconsin are hard to find these days. We take a look at one Wisconsin bank loan, provided by a Minnesota bank, that was approved by the SBA.
You can learn something about getting a small business loan in Howard, Wisconsin by studying this loan to a local company, made back in 2007. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE MACHINERY AND EQUIPMENT RENTAL AND LEASING
HOWARD, WI 54313
SBA Loan Lender
WELLS FARGO BANK
1455 W LAKE ST
MINNEAPOLIS, MN 55408
This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532420 - Office Machinery and Equipment Rental and Leasing
Loan Approval Date
4/19/2007
Loan Approval Gross Amount
$951,300
Loan Approval from the SBA
Of the total $951,300 loan amount, the SBA guaranteed $713,475.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Business Incubators
Find an SBA Lender in Minneapolis, Minnesota
Getting an SBA Loan in Minnesota